Catastrophe Bond

Business, Legal & Accounting Glossary

Definition: Catastrophe Bond


Catastrophe Bond


Full Definition of Catastrophe Bond


A high-yield, insurance-backed bond containing a provision causing interest and/or principal payments to be delayed or lost in the event of loss due to a specified catastrophe, such as an earthquake.


Cite Term


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Page URL
https://payrollheaven.com/define/catastrophe-bond/
Modern Language Association (MLA):
Catastrophe Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
August 12, 2022 https://payrollheaven.com/define/catastrophe-bond/.
Chicago Manual of Style (CMS):
Catastrophe Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/catastrophe-bond/ (accessed: August 12, 2022).
American Psychological Association (APA):
Catastrophe Bond. PayrollHeaven.com. Retrieved August 12, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/catastrophe-bond/

Definition Sources


Definitions for Catastrophe Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.